Panasonic says will build four more EV battery plants worldwide

TOKYO, Japan: In an interview with Reuters, Shoichiro Watanabe, technology chief of Panasonic Energy, the battery arm of Japan's Panasonic, said to reach its target to increase its annual capacity of batteries for electric vehicles (EV) by 2031, the company will need to build four more factories.

After a deal signed by the US and Japan in March to widen access for Japanese manufacturers to American electric-vehi